Overview
Data Analyst / Exposure Management Analyst role at Hiscox. London based – Hybrid working – min of 2 days in the office per week.
We are hiring this position to support our exposure management capabilities and Hiscox Group growth. This is a great opportunity to join a strategic and technological team that influences the way the group takes risk. There is real opportunity to add value in decision making and change the direction of the group at the highest level.
The Team
The Group Exposure Management team is part of the wider Underwriting Risk and Reinsurance team that reports to the group Chief Underwriting Officer (CUO). We work closely with catastrophe modelling and capital management teams to gain a full understanding of underwriting risk across the group. We are experts in risk, managing the biggest bets we take, helping Hiscox to thrive.
- Ensure catastrophe exposures are understood, measured, and communicated and are in line with internal and external appetites – no surprises.
- Own, manage, and embed the Hiscox View of Risk for Catastrophe risk.
- Ensure best practice in Catastrophe Risk Analysis and compliance with regulatory requirements.
- Ensure Hiscox is taking the right sized bet in the right places.
- Meet internal committee, regulatory, and rating agency reporting requirements.
- Support reinsurance purchase.
- Provide inputs to other internal teams – Risk/Capital.
The Role
Working in the Group Exposure Management team you will provide support across all our and regulatory jurisdictions perils (except cyber). You will be responsible for bringing together data from across the Hiscox Group to provide visibility to the most material risks to Hiscox. To do this you will build excellent relationships with our business unit colleagues and be able to provide clear guidance to them.
The role encompasses all peril exposures, but with a focus on non-nat cat (Terrorism, SRCC and Casualty) where we want raise our capability to the level of nat cat.
In addition you will have oversight of US, UK and EU retail portfolios where the Group team take a lead role in the production of the roll-up and outwards reinsurance placement.
We are constantly striving to improve our processes and as part of this role you will have the opportunity to propose new ways of doing things and help us meet our core strategic objectives as efficiently as possible.
Key Responsibilities
- Support the production and submission of regulatory returns for Lloyd’s, the PRA and BMA
- Support the production of the annual retail roll-up, reinsurance data collection and validation
- Develop and maintain the Group Risk Matrix ensuring all sources of catastrophic and risk loss are identified and described
- Develop Group RDS suite where the Risk Matrix has identified gaps in our knowledge
- Develop our non-nat cat RDS suite with focus on Casualty, Terrorism and SRCC
- Support the ongoing development of the Exposure Management TOM, with focus on the retail teams
Person Specification
- 2+ years experience within Insurance (ideally London Market)
- A good understanding / appreciation of insurance analytics (EM, Cat Modelling RI analytics, actuarial)
- Strong SQL server coding
- Strong Excel skills
- Strong data analysis and manipulation
- Ability to explain complicated ideas clearly
- Able to manage multiple deliverables, are well organized and deadline focused
- 2.1 or higher Degree in a STEM subject or Geography
About Hiscox
As an international specialist insurer we are focused on key areas of expertise and strength, underpinned by a culture that encourages challenging convention and always looking for a better way of doing things. We insure the unique and the interesting and seek talented people who share our values. Hiscox is committed to diversity and creating an inclusive culture and hybrid working to support work-life balance.
Apply now for further information. You can follow Hiscox on LinkedIn, Glassdoor and Instagram (@HiscoxInsurance).
We’re unlocking community knowledge in a new way. Experts add insights directly into each article.
